SMT, PCB Electronics Industry News

Finetech to Acquire Martin GmbH, Munich

Dec 07, 2009

We are pleased to announce the acquisition by Finetech GmbH & Co. KG, Berlin of MARTIN GmbH, Wessling near Munich. Finetech CEO, Gunter Kuerbis explains that the Martin products complement perfectly the range of systems successfully sold around the world under the flagship FINEPLACER® name. Additionally, MARTIN CEO, Bernhard Martin sees that the addition of dispenser technology, a core capability of his company, will provide a broader product offering range to Finetech’s already significant position in the Rework and Micro-assembly arena.

The Martin rework product manufacturing will remain in Wessling, and the MARTIN brand name preserved. It is anticipated that the well established Finetech sales, service and support organization will be supplemented by the existing MARTIN structure to provide an enhanced worldwide presence.

Future product development will now be possible over the complete rework range, from simple hand-soldering technology, basic entry level rework systems to the newly introduced, advanced FINEPLACER® matrix rework and micro assembly platforms that will be featured at Productronica 2009.

About Finetech

FINETECH is a leading manufacturer of equipment for manual and fully automatic circuit board repair and high-precision insertion of electronic/optical components, plus assembly and fitting of complex opto-electronic systems.

The modular FINEPLACER® systems offer maximum process flexibility in many different connection technologies. They include a wide variety of soldering and adhesive technologies, as well as ultrasonic and thermal compression bonding. FINEPLACER® systems are used especially in R&D, prototype building and small series production.

Finetech's customers include companies in the aerospace, automobile, medical/bio/solar technology, optoelectronics, semiconductor, consumer electronics and defence sectors, together with education and research establishments. Finetech is able to respond to specific requirements and offers tailor-made solutions for demanding customer applications. Finetech is represented by direct subsidiaries in its core markets and offers on-site application support and advice. It is also represented world-wide by a network of agencies.

The headquarters of FINETECH is Berlin, with subsidiaries in Phoenix (AZ), Shanghai and Penang / Malaysia.

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